Page Nav

HIDE

Breaking News:

latest

Ads Place

China Expresses Support for Sri Lanka’s Sovereignty Amid Economic Challenges

 


Chinese Ambassador to Sri Lanka, Qi Zhenhong, has called on Sri Lanka to maintain an independent foreign policy, resist external pressures, and foster stronger ties with friendly nations like China. Speaking at a media briefing in Colombo, Qi emphasized China’s commitment to Sri Lanka’s development and addressed allegations of a "debt trap" associated with Chinese-funded projects.


Ambassador Qi’s Key Points

The Ambassador outlined several key themes during his address:

  • Independent Foreign Policy: Qi stressed that Sri Lanka should prioritize self-reliance and avoid undue influence from external powers, maintaining sovereignty in its decision-making.
  • Strengthening Bilateral Ties: He highlighted the importance of enhancing Sri Lanka-China relations, asserting that a robust partnership with China would empower Sri Lanka’s journey toward economic resilience.
  • Defense of Chinese-Funded Projects: Addressing criticism of projects like the Lotus Tower, Qi reiterated that these initiatives were launched at Sri Lanka’s request and are delivering positive outcomes. He dismissed claims that these projects were "white elephants."
  • Refuting Debt Trap Allegations: Qi countered accusations that Chinese loans have created a debt trap, attributing financial challenges to poor utilization of funds rather than the terms of Chinese loans.
  • FTA Negotiations: The stalled Free Trade Agreement (FTA) talks were described as a missed opportunity, with Qi urging renewed efforts to create flexible, mutually beneficial trade arrangements.

Past Setbacks and Future Cooperation

Qi also reflected on past diplomatic missteps, such as Sri Lanka’s refusal to allow a Chinese research vessel to dock, which he contrasted with the Maldives' cooperation. He emphasized the need for stronger collaboration to avoid similar incidents in the future.

The Ambassador encouraged Sri Lanka to manage its debt responsibly by engaging with creditors, criticizing some lenders for exploiting Sri Lanka’s economic vulnerabilities. He reaffirmed China’s role as a partner committed to supporting Sri Lanka’s recovery and long-term development.


Conclusion

Ambassador Qi Zhenhong’s statements underline China’s desire for a stronger bilateral relationship with Sri Lanka, emphasizing self-reliance, sovereignty, and mutual growth. As Sri Lanka navigates its economic challenges, partnerships like the one with China will play a pivotal role in shaping the nation’s future trajectory.

No comments

Powered by Blogger.

Search

Latest Articles